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Smarkets partners Full House Resorts to enter US online sports betting

Smarkets partners Full House Resorts to enter US online sports betting

Smarkets, a UK sports betting operator, has entered into a multi-million-dollar, long-term partnership with casino developer and operator Full House Resorts to offer online sports wagering in Indiana and Colorado in US. With offices in Los Angeles and Malta, Smarkets will initially operate its recently launched SBK sportsbook. Jason Trost – CEO and founder of Smarkets said: “As an […]

Campbell Soup to sell European chips business to Valeo Foods

Campbell Soup to sell European chips business to Valeo Foods

Campbell Soup has signed a deal to sell its European chips business to Valeo Foods, a portfolio company of CapVest Partners, for nearly £66 million. The European chips business of Campbell Soup includes the UK-based Kettle Foods and the Netherlands-based Yellow Chips. Kettle Foods, which is based in Norwich, England, produces hand-cooked crisps, rice snacks, […]

Orkney Distillery to explore feasibility of hydrogen fuel to decarbonize distilling process

Orkney Distillery to explore feasibility of hydrogen fuel to decarbonize distilling process

The HySpirits project : Orkney Distilling, Edinburgh Napier University, and the European Marine Energy Centre (EMEC) have partnered to explore the feasibility of hydrogen fuel to decarbonize the distilling process at environmentally friendly gin distillery under The HySpirits project. The project will study the potential conversion of a craft gin distillery in Orkney in Scotland […]

UK Army set to receive first fully-digital armoured fighting vehicle AJAX

UK Army set to receive first fully-digital armoured fighting vehicle AJAX

The UK Army will soon receive its first fully-digital armoured fighting vehicle AJAX, with deliveries beginning this year, as per the latest defense industry news. Employing more than 700 workers, General Dynamics UK facilities in Merthyr Tydfil and Oakdale are assembling, integrating and testing AJAX armoured fighting vehicle under the contract. The AJAX armoured vehicle […]

UK has 1,300 insurance scams uncovered every day, finds ABI report

UK has 1,300 insurance scams uncovered every day, finds ABI report

UK Insurance industry news : The UK witnesses 1,300 insurance scams uncovered every day with the average con being £12,000, as per the annual detected fraud figures published by The Association of British Insurers (ABI) for the year 2018. The association found that the total number of fraudulent claims and applications that were detected last […]

East Anglia One offshore wind project : GIG buys stake from Iberdrola for £1.6bn

East Anglia One offshore wind project : GIG buys stake from Iberdrola for £1.6bn

Macquarie’s Green Investment Group (GIG) has signed a £1.63 billion deal to acquire 40% stake in the 714MW East Anglia One offshore wind project in the UK from Spanish energy company Iberdrola, as per the latest energy acquisition news. Iberdrola will hold on to the remaining 60% stake in the East Anglia One offshore wind […]

Sorted eyes global expansion following £15 million in funding

Sorted eyes global expansion following £15 million in funding

Sorted Group, a UK-based software as a service (SaaS) business, has secured £15 million in a Series B funding, taking the firm’s total funding to over £35 million since its inception in 2010. The investment is expected to help Sorted develop its technology and pave the way for overseas expansion. Alongside Praetura Ventures and NVM […]

Diageo acquires majority stake in non-alcoholic spirits brand Seedlip

Diageo acquires majority stake in non-alcoholic spirits brand Seedlip

Diageo investment in Seedlip: Diageo, through its startup accelerator program Distill Ventures, has acquired a majority stake in Seedlip, which is claimed to be the world’s first distilled non-alcoholic spirits brand, as per the latest drinks acquisition news. The acquisition marks the first non-alcoholic brand acquired by the beverage alcohol producer through Distill Ventures. Seedlip, […]

Hornea 2 wind farm contract: Subsea 7 bags cables installation contract

Hornea 2 wind farm contract: Subsea 7 bags cables installation contract

Hornea 2 wind farm contract : Danish wind power company Ørsted has selected UK-based subsea EPC company Subsea 7’s Seaway 7 for the installation of the entire inner array cables for the 1,386MW Hornea 2 wind farm in the UK North Sea as per the latest offshore wind industry news. Optimus, a subsidiary of Ørsted […]

Fluor wins FEED contract for INEOS vinyl acetate monomer plant in Hull

Fluor wins FEED contract for INEOS vinyl acetate monomer plant in Hull

Fluor Corporation has received a front-end engineering and design (FEED) contract from INEOS for the latter’s new vinyl acetate monomer plant at the Saltend Chemicals Park in Hull, UK, as per the latest chemical industry news. The new vinyl acetate monomer plant will be designed to manufacture 300,000 metric tons per annum of the organic […]


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